Examples of Filtration Common Stock in a sentence
Filtration shall also cooperate in preparing, filing with the Commission and causing to become effective a registration statement registering the Filtration Common Stock under the Exchange Act, and any registration statements or amendments thereto that are required in connection with the establishment of, or amendments to, any employee benefit and other plans necessary or appropriate in connection with the IPO or the other transactions contemplated by this Agreement and the Ancillary Agreements.
Such notice shall state the name and address of the Cummins Transferee and identify the amount of Filtration Common Stock transferred and the scope of rights being transferred under this Article VII.
Filtration and the Filtration Board shall cause each Cummins Designee for election to the Filtration Board to be included in the slate of nominees recommended by the Filtration Board to holders of Filtration Common Stock (including at any special meeting of stockholders held for the election of directors) and shall use reasonable best efforts to cause the election of each such Cummins Designee, including soliciting proxies in favor of the election of such persons.
Filtration shall not, without the prior written consent of Cummins, take, or cause to be taken, directly or indirectly, any action, including making or failing to make any election under the Law of any state, which has the effect, directly or indirectly, of restricting or limiting the ability of Cummins to freely sell, transfer, assign, pledge or otherwise dispose of shares of Filtration Common Stock or would restrict or limit the rights of any transferee of Cummins as a holder of Filtration Common Stock.
Cummins may transfer all or any portion of its rights under this Article VII to a transferee of any Filtration Common Stock from any member of the Cummins Group (a “Cummins Transferee”) holding at least 10% of the voting power of all of the outstanding shares of Filtration Voting Stock.
Each grant of Filtration Restricted Stock Units of Filtration Directors shall relate to that number of shares of Filtration Common Stock (with each discrete grant rounded up to the nearest whole share, subject to Section 4.7) equal to the product of (x) the number of shares of Cummins Common Stock that were subject to the corresponding Cummins Restricted Stock Unit award immediately prior to the Effective Date multiplied by (y) the Equity Award Adjustment Ratio.
Notwithstanding the foregoing and except as otherwise set forth in Article IV, nothing contained in this Agreement shall require Filtration to make any grants of equity awards relating to shares of Filtration Common Stock to Filtration Employees following the Effective Time.
Except with respect to [●] shares of Filtration Common Stock approved by the Filtration Board (or a committee thereof) and its stockholder pursuant to the Atmus Filtration Technologies Inc.
Except with respect to 333,191 shares of Filtration Common Stock approved by the Filtration Board (or a committee thereof) and its stockholder pursuant to the Atmus Filtration Technologies Inc.
Effective as of the Effective Time, Filtration shall have adopted the Filtration 2022 Omnibus Incentive Plan (the “Filtration Stock Plan”), which shall permit the grant and issuance of equity incentive awards denominated in Filtration Common Stock as described in this Article IV.